DEP AVI: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DEP AVI
Largest movements
- Receivables within one year +€45,753
up €45,753 (+97.7%), from €46,845 to €92,599
- Intangible fixed assets -€30,000
down €30,000 (-20.3%), from €147,452 to €117,452
- Other debts +€40,696
new in 2025: €40,696
- Debts after one year -€38,611
down €38,611 (-60.1%), from €64,206 to €25,596
- Tax, wage and social debts +€12,245
up €12,245 (+93.5%), from €13,091 to €25,336
of which Taxes: +€16,671
- Reserves -€6,200
down €6,200 (-5.5%), from €113,335 to €107,136
- Trade debts +€4,031
up €4,031 (+78.9%), from €5,108 to €9,139
- Gross operating margin +€53,981
up €53,981 (+78.2%), from €69,000 to €122,981
- Taxes +€9,498
up €9,498 (+132%), from €7,183 to €16,681
- Financial charges +€4,704
up €4,704 (+95.4%), from €4,928 to €9,632
- Financial income +€1,965
up €1,965 (+87.0%), from €2,258 to €4,223
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €243,655 | €257,609 | +€13,954 | +5.7% |
| Fixed assets | 21/28 | €153,609 | €123,267 | -€30,343 | -19.8% |
| Intangible fixed assets | 21 | €147,452 | €117,452 | -€30,000 | -20.3% |
| Tangible fixed assets | 22/27 | €6,157 | €5,815 | -€343 | -5.6% |
| Furniture and vehicles | 24 | €3,184 | €3,337 | +€153 | +4.8% |
| Other tangible fixed assets | 26 | €2,973 | €2,477 | -€496 | -16.7% |
| Current assets | 29/58 | €90,046 | €134,343 | +€44,297 | +49.2% |
| Amounts receivable after more than one year | 29 | €39,000 | €39,000 | = | 0.0% |
| Other amounts receivable | 291 | €39,000 | €39,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,845 | €92,599 | +€45,753 | +97.7% |
| Other amounts receivable | 41 | €46,845 | €92,599 | +€45,753 | +97.7% |
| Cash at bank and in hand | 54/58 | €989 | €297 | -€693 | -70.0% |
| Deferred charges and accrued income | 490/1 | €3,211 | €2,447 | -€764 | -23.8% |
| Total equity and liabilities | 10/49 | €243,655 | €257,609 | +€13,954 | +5.7% |
| Equity | 10/15 | €123,335 | €117,136 | -€6,200 | -5.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €113,335 | €107,136 | -€6,200 | -5.5% |
| Distributable reserves | 133 | €113,335 | €107,136 | -€6,200 | -5.5% |
| Amounts payable | 17/49 | €120,320 | €140,474 | +€20,154 | +16.8% |
| Amounts payable after more than one year | 17 | €64,206 | €25,596 | -€38,611 | -60.1% |
| Financial debts | 170/4 | €64,206 | €25,596 | -€38,611 | -60.1% |
| Amounts payable within one year | 42/48 | €56,114 | €113,781 | +€57,667 | +103% |
| Current portion of amounts payable after more than one year | 42 | €37,915 | €38,611 | +€696 | +1.8% |
| Trade debts | 44 | €5,108 | €9,139 | +€4,031 | +78.9% |
| Suppliers | 440/4 | €5,108 | €9,139 | +€4,031 | +78.9% |
| Taxes, remuneration and social security | 45 | €13,091 | €25,336 | +€12,245 | +93.5% |
| Taxes | 450/3 | €7,163 | €23,835 | +€16,671 | +233% |
| Remuneration and social security | 454/9 | €5,928 | €1,501 | -€4,427 | -74.7% |
| Other amounts payable | 47/48 | - | €40,696 | +€40,696 | |
| Accrued charges and deferred income | 492/3 | - | €1,097 | +€1,097 | |
| Remuneration, social security and pensions | 62 | €19,076 | €19,772 | +€697 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,628 | €31,910 | +€281 | +0.9% |
| Other operating charges | 640/8 | €2,243 | €1,331 | -€912 | -40.6% |
| Gross operating margin | 9900 | €69,000 | €122,981 | +€53,981 | +78.2% |
| Operating profit (loss) | 9901 | €16,052 | €69,967 | +€53,915 | +336% |
| Financial income | 75/76B | €2,258 | €4,223 | +€1,965 | +87.0% |
| Recurring financial income | 75 | €2,258 | €4,223 | +€1,965 | +87.0% |
| Financial charges | 65/66B | €4,928 | €9,632 | +€4,704 | +95.4% |
| Recurring financial charges | 65 | €4,928 | €9,632 | +€4,704 | +95.4% |
| Profit (loss) for the period before taxes | 9903 | €13,382 | €64,558 | +€51,176 | +382% |
| Income taxes | 67/77 | €7,183 | €16,681 | +€9,498 | +132% |
| Profit (loss) for the period | 9904 | €6,200 | €47,877 | +€41,678 | +672% |
| Profit (loss) for the period to be appropriated | 9905 | €6,200 | €47,877 | +€41,678 | +672% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.